Bearish Moving Average Cross by Harley-Davidson (HOG)

Written on Thu, 05/11/2017 - 10:40am

By James Quinn

Harley-Davidson (NYSE:HOG) crossed under its 10-day moving average of $56.09 on a volume of 358K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

Harley-Davidson share prices have moved between a 52-week high of $63.40 and a 52-week low of $36.36 and are now trading 53% above that low price at $55.68 per share. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has advanced 0.9%.

SmarTrend is tracking the current trend status for Harley-Davidson and will alert subscribers who have HOG in their portfolio or watchlist when shares have changed trend direction.